54 W Wilson Bridge Rd
Worthington, OH 43085
Bank of America: Worthington, OH · Retail Property For Sale

INVESTMENT-GRADE TENANT: Bank of America N.A. (S&P: A+), a subsidiary of Bank of America Corporation (NYSE: BAC), is one of the world’s leading financial institutions. Headquartered in Charlotte, NC, the company boasts $2.35 trillion in assets, approximately 4,300 retail financial centers and more than 16,300 ATMs, as of December 31, 2018. NEW CONCEPT: This location is a new prototype Bank of America facility that is fully automated. By removing the human element, Bank of America has substantially reduced the operating costs at the property and positioned the branch for long-term success. LONG-TERM NET LEASE: Bank of America’s brand new 10-year net lease features 2% annual rent escalations during the initial term as well as the one 5-year option to renew. EXCELLENT ACCESS & VISIBILITY: The site is ideally located with excellent access and visibility on West Wilson Bridge Road (Traffic Count: 13,343 VPD), just one parcel inset from North High Street (Traffic Count: 35,112 VPD) which provides direct access to downtown Columbus. Further, the property is just 0.2 miles south of I-270 (Traffic Count 173,853 VPD) which encircles Columbus. STRATEGIC LOCATION: Bank of America is strategically located as an outparcel to Worthington Place, which is an upscale redevelopment of a former mall. The 20-acre Worthington Place is anchored by a recently-remodeled Kroger and is highlighted by the 140,000-square-foot Shops at Worthington Place (Tenants: Orvis, Talbots, Panera Bread, and numerous boutique businesses). Worthington Place further features the recently-constructed Heights at Worthington Place apartments (Units: 193) and an office building.